Emera Incorporated (EMA) - Net Assets
Based on the latest financial reports, Emera Incorporated (EMA) has net assets worth $13.39 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($44.78 Billion) and total liabilities ($31.40 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check EMA asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $13.39 Billion |
| % of Total Assets | 29.89% |
| Annual Growth Rate | 9.81% |
| 5-Year Change | 31.87% |
| 10-Year Change | 96.38% |
| Growth Volatility | 15.97 |
Emera Incorporated - Net Assets Trend (1999–2025)
This chart illustrates how Emera Incorporated's net assets have evolved over time, based on quarterly financial data. Also explore Emera Incorporated balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Emera Incorporated (1999–2025)
The table below shows the annual net assets of Emera Incorporated from 1999 to 2025. For live valuation and market cap data, see EMA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $13.39 Billion | +0.71% |
| 2024-12-31 | $13.29 Billion | +9.95% |
| 2023-12-31 | $12.09 Billion | +5.66% |
| 2022-12-31 | $11.44 Billion | +12.72% |
| 2021-12-31 | $10.15 Billion | +9.87% |
| 2020-12-31 | $9.24 Billion | +39.28% |
| 2019-12-31 | $6.63 Billion | -20.64% |
| 2018-12-31 | $8.36 Billion | +16.39% |
| 2017-12-31 | $7.18 Billion | +5.36% |
| 2016-12-31 | $6.82 Billion | +57.26% |
| 2015-12-31 | $4.33 Billion | +16.97% |
| 2014-12-31 | $3.71 Billion | +27.90% |
| 2013-12-31 | $2.90 Billion | +27.19% |
| 2012-12-31 | $2.28 Billion | +24.90% |
| 2011-12-31 | $1.82 Billion | +1.64% |
| 2010-12-31 | $1.79 Billion | +16.66% |
| 2009-12-31 | $1.54 Billion | -3.01% |
| 2008-12-31 | $1.59 Billion | +16.57% |
| 2007-12-31 | $1.36 Billion | -18.48% |
| 2006-12-31 | $1.67 Billion | +2.57% |
| 2005-12-31 | $1.63 Billion | +1.84% |
| 2004-12-31 | $1.60 Billion | +1.54% |
| 2003-12-31 | $1.57 Billion | -1.63% |
| 2002-12-31 | $1.60 Billion | +10.39% |
| 2001-12-31 | $1.45 Billion | +18.11% |
| 2000-12-31 | $1.23 Billion | +4.52% |
| 1999-12-31 | $1.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Emera Incorporated's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 506.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.61 Billion | 12.06% |
| Common Stock | $9.38 Billion | 70.15% |
| Other Comprehensive Income | $872.29 Million | 6.52% |
| Other Components | $1.51 Billion | 11.27% |
| Total Equity | $13.37 Billion | 100.00% |
Emera Incorporated Competitors by Market Cap
The table below lists competitors of Emera Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atlassian Corp Plc
NASDAQ:TEAM
|
$15.80 Billion |
|
Trimble Inc
NASDAQ:TRMB
|
$15.80 Billion |
|
LG Electronics Inc
KO:066570
|
$15.81 Billion |
|
Textron Inc
NYSE:TXT
|
$15.83 Billion |
|
Neste Oil Oyj
HE:NESTE
|
$15.79 Billion |
|
Wartsila Oyj Abp
HE:WRT1V
|
$15.79 Billion |
|
Invitation Homes Inc
NYSE:INVH
|
$15.79 Billion |
|
Grace Fabric Technology Co Ltd
SHG:603256
|
$15.77 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Emera Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,277,000,000 to 13,371,095,000, a change of 94,095,000 (0.7%).
- Net income of 1,088,112,536 contributed positively to equity growth.
- Dividend payments of 650,469,477 reduced retained earnings.
- Other comprehensive income decreased equity by 388,711,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.09 Billion | +8.14% |
| Dividends Paid | $650.47 Million | -4.86% |
| Other Comprehensive Income | $-388.71 Million | -2.91% |
| Other Changes | $45.16 Million | +0.34% |
| Total Change | $- | 0.71% |
Book Value vs Market Value Analysis
This analysis compares Emera Incorporated's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.84x to 1.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $10.86 | $52.54 | x |
| 2000-12-31 | $11.21 | $52.54 | x |
| 2001-12-31 | $12.41 | $52.54 | x |
| 2002-12-31 | $13.54 | $52.54 | x |
| 2003-12-31 | $11.68 | $52.54 | x |
| 2004-12-31 | $11.95 | $52.54 | x |
| 2005-12-31 | $12.29 | $52.54 | x |
| 2006-12-31 | $12.54 | $52.54 | x |
| 2007-12-31 | $10.91 | $52.54 | x |
| 2008-12-31 | $12.38 | $52.54 | x |
| 2009-12-31 | $12.39 | $52.54 | x |
| 2010-12-31 | $14.73 | $52.54 | x |
| 2011-12-31 | $12.67 | $52.54 | x |
| 2012-12-31 | $16.36 | $52.54 | x |
| 2013-12-31 | $19.63 | $52.54 | x |
| 2014-12-31 | $23.12 | $52.54 | x |
| 2015-12-31 | $28.77 | $52.54 | x |
| 2016-12-31 | $38.98 | $52.54 | x |
| 2017-12-31 | $33.11 | $52.54 | x |
| 2018-12-31 | $35.54 | $52.54 | x |
| 2019-12-31 | $27.47 | $52.54 | x |
| 2020-12-31 | $37.08 | $52.54 | x |
| 2021-12-31 | $39.27 | $52.54 | x |
| 2022-12-31 | $42.97 | $52.54 | x |
| 2023-12-31 | $44.10 | $52.54 | x |
| 2024-12-31 | $45.94 | $52.54 | x |
| 2025-12-31 | $44.61 | $52.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Emera Incorporated utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.14%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.11%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 3.35x
- Recent ROE (8.14%) is below the historical average (9.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 10.65% | 12.18% | 0.28x | 3.08x | $6.17 Million |
| 2000 | 10.68% | 11.65% | 0.30x | 3.02x | $6.64 Million |
| 2001 | 9.67% | 11.38% | 0.25x | 3.35x | $-3.94 Million |
| 2002 | 6.28% | 6.81% | 0.31x | 2.93x | $-49.60 Million |
| 2003 | 9.84% | 10.49% | 0.32x | 2.93x | $-2.06 Million |
| 2004 | 9.71% | 10.62% | 0.31x | 2.95x | $-3.88 Million |
| 2005 | 8.87% | 10.38% | 0.29x | 2.93x | $-15.42 Million |
| 2006 | 8.93% | 10.79% | 0.29x | 2.88x | $-15.01 Million |
| 2007 | 11.13% | 11.30% | 0.32x | 3.07x | $15.32 Million |
| 2008 | 9.36% | 10.86% | 0.25x | 3.41x | $-9.92 Million |
| 2009 | 11.69% | 11.99% | 0.28x | 3.52x | $25.35 Million |
| 2010 | 10.95% | 12.50% | 0.25x | 3.57x | $16.84 Million |
| 2011 | 15.49% | 12.00% | 0.30x | 4.33x | $87.78 Million |
| 2012 | 10.77% | 10.73% | 0.27x | 3.67x | $15.76 Million |
| 2013 | 9.08% | 10.62% | 0.25x | 3.40x | $-24.02 Million |
| 2014 | 12.74% | 14.73% | 0.30x | 2.90x | $93.02 Million |
| 2015 | 10.17% | 15.31% | 0.23x | 2.86x | $6.99 Million |
| 2016 | 3.80% | 5.96% | 0.15x | 4.36x | $-415.40 Million |
| 2017 | 4.15% | 4.72% | 0.22x | 4.06x | $-414.90 Million |
| 2018 | 8.97% | 11.43% | 0.20x | 3.89x | $-85.70 Million |
| 2019 | 10.72% | 11.59% | 0.25x | 3.72x | $47.43 Million |
| 2020 | 10.68% | 17.85% | 0.18x | 3.39x | $62.60 Million |
| 2021 | 5.54% | 9.71% | 0.17x | 3.39x | $-451.60 Million |
| 2022 | 8.82% | 13.28% | 0.19x | 3.48x | $-134.70 Million |
| 2023 | 8.65% | 13.80% | 0.19x | 3.27x | $-163.40 Million |
| 2024 | 4.27% | 7.88% | 0.17x | 3.23x | $-760.70 Million |
| 2025 | 8.14% | 13.11% | 0.19x | 3.35x | $-249.00 Million |
Industry Comparison
This section compares Emera Incorporated's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $27,818,120,000
- Average return on equity (ROE) among peers: -1.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Emera Incorporated (EMA) | $13.39 Billion | 10.65% | 2.35x | $15.79 Billion |
| Ameren Corp (AEE) | $4.55 Billion | 11.50% | 2.12x | $30.51 Billion |
| American Electric Power Co Inc (AEP) | $16.82 Billion | 9.71% | 2.54x | $71.56 Billion |
| CMS Energy Corporation (CMS) | $9.71 Billion | 11.03% | 3.16x | $23.19 Billion |
| CenterPoint Energy Inc (CNP) | $4.55 Billion | 13.43% | 4.10x | $27.76 Billion |
| Dominion Energy Inc (D) | $27.52 Billion | 7.38% | 2.96x | $55.33 Billion |
| DTE Energy Company (DTE) | $8.71 Billion | 10.41% | 3.56x | $30.10 Billion |
| Duke Energy Corporation (DUK) | $43.83 Billion | 6.08% | 2.32x | $99.18 Billion |
| Consolidated Edison Inc (ED) | $6.28 Billion | 11.63% | 1.29x | $40.39 Billion |
| Empresa Distribuidora y Comercializadora Norte SA ADR (EDN) | $143.55 Billion | -90.20% | 2.23x | $519.48 Million |
| Edison International (EIX) | $12.65 Billion | -2.39% | 3.48x | $26.55 Billion |
About Emera Incorporated
Emera Incorporated, an energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas. The company operates through Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other segments. It is involved in the purchase, transmission, distributio… Read more